Iran's Petrochemical Industry Exhibition (Petrochem) became the stage for significant agreements as Persian Gulf Fajr Energy signed memoranda and contracts worth over 10 trillion rials (approximately $238.1 million) with domestic companies.
According to the Public Relations Department of Persian Gulf Fajr Energy, during the Iran Petrochem Exhibition, Fajr Energy inked 13 memoranda and contracts with engineering and service companies such as Tabba Engineering Services, Isatis Industrial Membrane, Paya Pala Avideh Qeshm, Satarko, Faradid Turbo Industry, Brenna Toos Industry, Parham Shayan Industry, Aharpars Kia, Kawosh Industry Toos, Parto Sanat Paj, Shegheft Azar, Pooya Computer Hardware and Engineering, and Petro Avizheh Toos, totaling over 10 trillion rials (approximately $238.1 million).
Among the most significant objectives of these eight contracts and five memoranda are the construction of RO membranes, turbine component manufacturing, valve control production, injection pump fabrication, compressor assembly, heat exchanger manufacturing, electronic card production, pump parts fabrication, and turbine blade construction.
Additionally, alongside these agreements, a memorandum of understanding for turbine blade production, valued at 45 billion tomans (approximately $1.07 million), was among Fajr Energy's initiatives at the Iran Petrochemical Exhibition.
It's worth mentioning that Persian Gulf Fajr Energy, in line with preserving the value chain of strategic materials, has been striving for several years to domesticate the industry with high-end technology in reverse osmosis membranes. Moreover, in part of these contracts, Fajr Energy, for the first time globally, is pursuing the scientific cycle and production of turbine blades outside the exclusive scientific and managerial cycle of manufacturers.
Held from February 13 to 15, Iran Petrochem was the first international exhibition for the development of knowledge-based manufacturing in the petrochemical industry, refining, and petro-refining.